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Dec 21, 2012
12/12
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cool over the fiscal cliff. the actions he has taken will be a positive stay tuned -- steps to enhance the chances. he paused itself -- the process has not been perfect. i will say this. if you look at what it is we have concluded, the $238 billion over 10 years reduction, the reconciliation package that passed this house earlier this year, you mentioned we have before us that will be debated separately here that is pared back from the measure that passed the house of representatives. the only changes made of and made to accommodate the data change, pushing in this month of december the would-date -- date change, putting in this month of december. for those who believe this is imposing draconian cuts that will be devastating for those struggling in this country, i remind him of the alternative, which happens to be sequestered. it is our hope that this reconciliation package will ensure that the sequestered that would be devastating does not take place. this is the alternative to the sequester, mr. speaker. we ac
cool over the fiscal cliff. the actions he has taken will be a positive stay tuned -- steps to enhance the chances. he paused itself -- the process has not been perfect. i will say this. if you look at what it is we have concluded, the $238 billion over 10 years reduction, the reconciliation package that passed this house earlier this year, you mentioned we have before us that will be debated separately here that is pared back from the measure that passed the house of representatives. the only...
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Aug 23, 2012
08/12
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>> berlitz it to the budget in january and relative fiscal outlook, the fiscal cliff is now steeper because congress enacted an extension of the petrol tax reduction until the end of calendar year 2012 and extension of unemployment benefits, that cut the deficit larger and 2012 and going into 2013. it keeps the economy stronger, but by boosting the economy in 2012 without boosting the economy in 2013, it has led to a larger falloff. that is an important reason why we're looking for a more negative affect, more negative outcome for the economy next year that we expected in january. also true since the january forecast we have word by a little bit our assessment of the underlying growth of the economy. i have not tried to person those out exactly. those factors are at work here. the magnitude of the slowdown in economic activity we are discussing for next year is significant. with this very sharp tightening of fiscal policy, we are looking to start at a production in gdp at an annual rate of 3% in the first half of next year that would represent a significant recession. we're looking for the
>> berlitz it to the budget in january and relative fiscal outlook, the fiscal cliff is now steeper because congress enacted an extension of the petrol tax reduction until the end of calendar year 2012 and extension of unemployment benefits, that cut the deficit larger and 2012 and going into 2013. it keeps the economy stronger, but by boosting the economy in 2012 without boosting the economy in 2013, it has led to a larger falloff. that is an important reason why we're looking for a more...
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Dec 31, 2012
12/12
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this would clear the way for a vote on a possible fiscal cliff bill. no time has been set for house votes. live coverage on c-span. according to senate majority leader reid on sunday, there are still "significant distance between the two sides on the fiscal cliff." they're back on monday at 11:00 a.m. eastern with roll call votes possible. live coverage on c-span 2. >> you think of washington in 1835, 25 years before the civil war, you know what would you think? you would think, wow, slavery was well entrenched. the black people were miserable. the whites were kind of cruel and indifferent. that's actually not true at all. in washington, in washington, they had about 30,000 people then as a city, 12,000 of them were black. the majority of the black people in washington actually in 1830 were free, were not slaves out of the 12,000 black people, slightly more than half were free. >> what led to washington, d.c.'s first race riots in 1835 and what part did francis scott key play. jefferson morley recounts the almost forgotten chapter in american history i
this would clear the way for a vote on a possible fiscal cliff bill. no time has been set for house votes. live coverage on c-span. according to senate majority leader reid on sunday, there are still "significant distance between the two sides on the fiscal cliff." they're back on monday at 11:00 a.m. eastern with roll call votes possible. live coverage on c-span 2. >> you think of washington in 1835, 25 years before the civil war, you know what would you think? you would think,...
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Sep 16, 2012
09/12
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as we get closer to the fiscal cliff, do you think it might become something people would be willing to consider? >> that remains to be seen. even in the heat of the elections this november, then is the time we need to sit down and be very, very serious about dealing with sequestration. it would be disastrous for the military especially. we would go back to pre world war ii army and marine personnel. we would go back to 1915 naval ships, navy ships. and in this kind of a world that we live in, we simply cannot do that. so i think the pressure would be intense. after the election. people say, well, the election is over, let's get down to business. i think the pressure will be intense to deal with the sequestration matter. and i have noticed -- i think it is the so-called "gang of six" in the senate that's talking about -- >> the gang of eight. >> of talking about possible sutions -- solutions, and i am glad they are. it is worth talking about that. >> would you personally support that kind of a tradeoff? some kind of revenue to pay down that debt? >> i think we need to talk about loop
as we get closer to the fiscal cliff, do you think it might become something people would be willing to consider? >> that remains to be seen. even in the heat of the elections this november, then is the time we need to sit down and be very, very serious about dealing with sequestration. it would be disastrous for the military especially. we would go back to pre world war ii army and marine personnel. we would go back to 1915 naval ships, navy ships. and in this kind of a world that we...
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Mar 17, 2013
03/13
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i think it dealt with the fiscal cliff. a few other bills. but in general, what we've talked to our leadership about is let's work to get majorities for legislation using working with conservatives, uniting our confreps. and then submit those ideas and those bills over to the senate and make the senate actually do their job for once. the senate hasn't produce add budget in four years. legally they're required every year by april 15th to pass a budget. they haven't done that not once in the last four years through the no budget no pay act which was support bid conservatives, we actually shamed the senate into now having to do a budget. so they're going to do one and we'll be able to contrast our budget with theirs. i think you'll see our budget pass not only with a majority of republicans but it will show that we're serious about getting our fiscal house in order. >> staying with our premise. why do you have your own budget? why does the republican study committee have their own budget if you want to united front get behind paul ryans budget.
i think it dealt with the fiscal cliff. a few other bills. but in general, what we've talked to our leadership about is let's work to get majorities for legislation using working with conservatives, uniting our confreps. and then submit those ideas and those bills over to the senate and make the senate actually do their job for once. the senate hasn't produce add budget in four years. legally they're required every year by april 15th to pass a budget. they haven't done that not once in the last...
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Dec 31, 2012
12/12
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this would clear the way for a vote on a possible fiscal cliff bill. according to the senate majority leader reid, there is still significant distance between the two sides on the fiscal cliff. they are back on monday with roll call votes. live senate coverage on c-span 2. tomorrow on "washington journal," we are joined by the president of the committee for responsible federal budget. followed by the future of operations. washington journal is live at 7:00 a.m. eastern on c-span. more than 300 members of the u.k. youth parliament ages 11 to 18 gathered in the british house of commons for their annual debate. their students discussed five topics considered for the national campaign. these included public transportation costs, marriage equality, and others. the speaker of the house presided over the morning and afternoon sessions. such a calm and orderly chamber. [laughter] [inaudible] not together accustomed. it's the the forted meeting the u.k. youth parliament in the house of commons, and i want to underline just how hugely welcome you are by parliame
this would clear the way for a vote on a possible fiscal cliff bill. according to the senate majority leader reid, there is still significant distance between the two sides on the fiscal cliff. they are back on monday with roll call votes. live senate coverage on c-span 2. tomorrow on "washington journal," we are joined by the president of the committee for responsible federal budget. followed by the future of operations. washington journal is live at 7:00 a.m. eastern on c-span. more...
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Dec 10, 2012
12/12
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host: we are focusing on the fiscal cliff. the campaign to fix the debt which is one of the organizations you write in your piece tww former senator allen simpson. >> stop instagramming your breakfast and getting on youtube so you can see gangnam style and start using those precious social media skills to go out and sign people up on this, three people a week, let it grow and don't forget take part or get taken apart. these old coats will clean out the treasury before you get there. guest: i have read about him n. washington it's better -- i've never seen a senator do the dance quite like that. host: the campaign to fix the debt has grown to 80 employees with 22 state offices and 2500 small businesses that have joined this campaign. guest: it's strat fear i can. i don't think i've seen the level because it's c.e.o. led so it's gotten a bunch of buzz. both chambers wants to meet with them and the white house wants to meet with them and it's created an interesting wrink toll see if they move on the other issues or if this is suc
host: we are focusing on the fiscal cliff. the campaign to fix the debt which is one of the organizations you write in your piece tww former senator allen simpson. >> stop instagramming your breakfast and getting on youtube so you can see gangnam style and start using those precious social media skills to go out and sign people up on this, three people a week, let it grow and don't forget take part or get taken apart. these old coats will clean out the treasury before you get there....
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Dec 28, 2012
12/12
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host: what led to the fiscal cliff? guest: the fiscal cliff is the combination of a bunch of different tax and spending decisions made by washington, dating back over the past 12 years. we had the bush tax cuts that began in 2001 and 2003. we extended them under president obama. those are set to end on monday. $110 billion in annual spending cuts were agreed to under president obama as part of the debt ceiling negotiation. those begin on tuesday. we have the payroll tax cut in place for two years, takes about two percentage points off people's taxes, bill will end on monday. business tax breaks, bill will end on monday. the alternative minimum tax, which is confusing, but it would be a disaster if that was not taken care of, because it would raise the taxes of about 30 million americans for their 2012 income and 2013. and all the confusion could screw up the whole tax filing season. who knows when you will be filing your taxes, because the irs does not know which tax rates will be applied and who will be responsible for
host: what led to the fiscal cliff? guest: the fiscal cliff is the combination of a bunch of different tax and spending decisions made by washington, dating back over the past 12 years. we had the bush tax cuts that began in 2001 and 2003. we extended them under president obama. those are set to end on monday. $110 billion in annual spending cuts were agreed to under president obama as part of the debt ceiling negotiation. those begin on tuesday. we have the payroll tax cut in place for two...
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Feb 16, 2013
02/13
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>> let us go back to the fiscal cliff. when we passed the fiscal cliff here recently, do you think people moved their taxable income? was there a shift and a change in what they were going to do knowing rates were going up? >> yes, corporations and individuals behaved differently the last part of last year based on their uncertainty with what would happen with the fiscal cliff. >> we will see a jump up in receipts this year because of that. >> federal receipts were strong in january. that is part of the story. it is also be end of the-- the end of the temporary reduction of the payroll tax and other factors. >> let us talk about capital gains. capital gains rates could lead in 2012, jct and the cbo higher tax rates on capital gains could lead to and level of inefficiency and lower capital gains rates could encourage investment. do you agree? >> yes. >> do you agree an increase in the capital gains tax could increase the long-term productivity? >> no, we do not think an increase on the tax on capital will boost investment o
>> let us go back to the fiscal cliff. when we passed the fiscal cliff here recently, do you think people moved their taxable income? was there a shift and a change in what they were going to do knowing rates were going up? >> yes, corporations and individuals behaved differently the last part of last year based on their uncertainty with what would happen with the fiscal cliff. >> we will see a jump up in receipts this year because of that. >> federal receipts were...
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Dec 21, 2012
12/12
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we do not just have a fiscal cliff, we have a fiscal abyss in front of us. that is the debt crisis that is on our horizon. failure to address this debt crisis means not just 47% of americans, but every american gets hurt. every american gets a lower standard of living. every american, especially the next generation, receives a lower standard of living if we do not fix this mess. so what is this we're doing here today? we are saying, we do not think the across the board sequester is good policy. we think it will harm our national security. the first and primary responsibility of the federal government. we want to replace next year's cuts with even more spending cuts that we think are smart spending cuts. the gentleman is talking about all these people who will lose food stamps and free and reduced lunches -- let me say it really clearly. every single person who qualifies for food stamps will get food stamps. every single child who qualifies for free and reduced lunch will get free and reduced lunch. what we're saying is you actually have to qualify for these
we do not just have a fiscal cliff, we have a fiscal abyss in front of us. that is the debt crisis that is on our horizon. failure to address this debt crisis means not just 47% of americans, but every american gets hurt. every american gets a lower standard of living. every american, especially the next generation, receives a lower standard of living if we do not fix this mess. so what is this we're doing here today? we are saying, we do not think the across the board sequester is good policy....
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Nov 28, 2012
11/12
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has been a lot of work on the fiscal cliff. we have talked about medicare savings that can improve and strengthen the program and address rising national health expenditures. we will have more to say on the issue of taxes. we are ecstatic to have senator durbin here today, who has played a fundamental role over the last several years. he has been part of every negotiation that has taken place. he is still an optimist. that is a sign of progress. he has had a long history of being a champion and advocate for the middle class. he has carried that advocacy in the budget negotiations. he was part of the supercommittee, this fiscal, the gang of eight, the gang of six -- almost every gang that has been involved in these issues. he has been a fighter for what is right and for having a plan that stands true to the values of the american people and the people who voted and waited in line for hours on end to vote -- people who want a fair shake out of washington. as a champion of that fair shake, i am excited to have senator durbin. >> n
has been a lot of work on the fiscal cliff. we have talked about medicare savings that can improve and strengthen the program and address rising national health expenditures. we will have more to say on the issue of taxes. we are ecstatic to have senator durbin here today, who has played a fundamental role over the last several years. he has been part of every negotiation that has taken place. he is still an optimist. that is a sign of progress. he has had a long history of being a champion and...
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Dec 10, 2012
12/12
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off a cliff. the fiscal cliff goes. take the pension away from the politicians that gave us in this place. host: what does that solve? caller: give us back our country. pioneers, those people in south chicago, detroit, oakland, houston, many parts of florida, atlanta, washington, d.c., they are in trouble. host: why are you going to do fine if we go off the fiscal cliff? caller: i live on the beach. i live a lifestyle where i cut my own fish, raise my own garden, hunt my own game, i do just fine. host code no sacrifice from you, then? all right. jerry, ohio, independent caller. go ahead. caller: they should let it go. let the bush tax breaks expire and go back to the clinton taxes. it will hurt people a little bit, but it will hurt the wealthy more. i believe that jobs will come back if we do that. host: what about automatic spending cuts? it is not just the defense department that gets cut. non-defense, education, health care, across the board getting cut? caller: it would probably only be cut for a short time. host: s
off a cliff. the fiscal cliff goes. take the pension away from the politicians that gave us in this place. host: what does that solve? caller: give us back our country. pioneers, those people in south chicago, detroit, oakland, houston, many parts of florida, atlanta, washington, d.c., they are in trouble. host: why are you going to do fine if we go off the fiscal cliff? caller: i live on the beach. i live a lifestyle where i cut my own fish, raise my own garden, hunt my own game, i do just...
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Dec 30, 2012
12/12
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to me, the fiscal cliff is just a small smokescreen. the fiscal cliff that is coming is obamacare. nobody is addressing obamacare. i had to find out friday that we will be taxed 2.3% on any device used in any medical field we go to. my husband is a doctor. he wrote out a prescription for us for january, and he said, i do not know how much this will cost you a of pocket because of obamacare. he even said, my husband is over 70, he did not know how much water he would be able to help him because of obamacare. this is just a smokescreen. when people find out that not only will we be taxed on medical devices, but even our debt bills will be going up because of our animals -- this thing is a joke. you liberals out there, you'll be hit just as hard as the republicans. as the tea party warn you that this will happen. host: let's give the guys at the chance to comment on health care law and its place in this debate. guest: it is not part of the fiscal cliff. there is a tax increase because of health care reform act. it is not considered part of the fiscal cliff. the cliff has the potential
to me, the fiscal cliff is just a small smokescreen. the fiscal cliff that is coming is obamacare. nobody is addressing obamacare. i had to find out friday that we will be taxed 2.3% on any device used in any medical field we go to. my husband is a doctor. he wrote out a prescription for us for january, and he said, i do not know how much this will cost you a of pocket because of obamacare. he even said, my husband is over 70, he did not know how much water he would be able to help him because...
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Dec 31, 2012
12/12
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this would clear the way for a vote on a possible fiscal cliff bill. no time have been set for house votes. live coverage on c-span. according to senate majority leader harry reid sunday, there is still open " significant distance" between the two sides. there are back today at 11:00 a.m. eastern with roll-call votes possible. live severed -- senate coverages of c-span2. secretary of state hillary clinton was admitted to a new york hospital on sunday. according to the state department, doctors discovered a blood clot stemming from a concussion she sustained several weeks ago. she is being treated with anticoagulants and doctors will continue to monitor her condition is to see if further treatment is needed.
this would clear the way for a vote on a possible fiscal cliff bill. no time have been set for house votes. live coverage on c-span. according to senate majority leader harry reid sunday, there is still open " significant distance" between the two sides. there are back today at 11:00 a.m. eastern with roll-call votes possible. live severed -- senate coverages of c-span2. secretary of state hillary clinton was admitted to a new york hospital on sunday. according to the state...
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Dec 10, 2012
12/12
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cliff, but also help us avert the fiscal abyss. if president obama were to offer such a plan, republicans would act favorably. going over the cliff is unnecessary. as it has been observed in "the wall street journal," the president is boxing in the republicans. he is offering them a deal they cannot accept. first, the president has repeatedly called for a balanced solution involving both revenue and less spending. what is obvious to the most casual observer is that this plan is not a balanced. the fiscal cliff involves nearly four dollars of anticipated revenue from higher taxes for every dollar of spending cuts, yet the president wants more revenue and fewer spending cuts. if we fell off the cliff, his plan calls for another round of stimulus spending. you have got to be kidding me. what the president's plan lacks is any reform in our entitlement system. the unrestrained growth in entitlement system is driving deficits and driving the debt even higher than the percentage of our gdp. it is estimated to be as high as $128 trillion.
cliff, but also help us avert the fiscal abyss. if president obama were to offer such a plan, republicans would act favorably. going over the cliff is unnecessary. as it has been observed in "the wall street journal," the president is boxing in the republicans. he is offering them a deal they cannot accept. first, the president has repeatedly called for a balanced solution involving both revenue and less spending. what is obvious to the most casual observer is that this plan is not a...
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Nov 21, 2012
11/12
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does go off the fiscal cliff. did ben bernanke say anything yesterday about what he could do if the u.s. goes off a cliff in january? guest: he was pretty clear that the fed is doing what it can do now. whatever damaged baby caused by the fiscal cliff, the fed is really going -- is not going to be able to offset that much. it is doing what it can now. if congress does something to make the economy worse, the fed will do whatever it can. it will not have the power to do much to offset whatever damage is done by going off the fiscal cliff. host: thanks so much for joining us this morning. guest: thank you. host: we want to play a few of ben bernanke's comments from yesterday. [video clip] >> the federal budget is on an unsustainable path. the budget deficit which peaked at about 10% of gdp in 2009 and now is 7% of gdp is expected to narrow further in the coming years as the economy continues to recover. the cbo projects that under a plausible set of assumptions, the budget deficit would still be greater than 4% of g
does go off the fiscal cliff. did ben bernanke say anything yesterday about what he could do if the u.s. goes off a cliff in january? guest: he was pretty clear that the fed is doing what it can do now. whatever damaged baby caused by the fiscal cliff, the fed is really going -- is not going to be able to offset that much. it is doing what it can now. if congress does something to make the economy worse, the fed will do whatever it can. it will not have the power to do much to offset whatever...
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Dec 4, 2012
12/12
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tell me about energy policy and where it fits in with the fiscal cliff. what we will spend money on and how we were tightened our belts. >> the major place it fits is the right policy would create an environment which would produce a lot more revenue. that would help to reduce the debt. the federal government doesn't spend much money on energy. energy research is about $6 billion a year. i would like to see it doubled. this report is a blueprint for independence and i think it is the right blueprint. we are not in a position to be held hostage by anybody. it also focuses on find more and use less. what we can do in the federal government is i think invest in research and getting a 500-mile battery for electric cars and getting solar energy that is 1 kilowatt installed and finding a way to capture carbon from coal plants that can be turned into fuel that is commercially sold. we should look at the model of unconventional gas in terms of how our system and federal research and our system of private properties have produced a situation where we have a massiv
tell me about energy policy and where it fits in with the fiscal cliff. what we will spend money on and how we were tightened our belts. >> the major place it fits is the right policy would create an environment which would produce a lot more revenue. that would help to reduce the debt. the federal government doesn't spend much money on energy. energy research is about $6 billion a year. i would like to see it doubled. this report is a blueprint for independence and i think it is the...
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Jan 7, 2013
01/13
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passage of the fiscal cliff build with donald williamson. then thomas schatz will look at what comes in the fiscal cliff legislation. >> "washington journal" is next . >> good morning and welcome to "washington journal." members of congress are back in their home districts. the house and senate are not in session. that does not mean the debate has stopped. we will like to hear from you. here are the numbers to call. you can also find us online. end us a tweet to [video clip http://twitter.com/cspanwj. also e-mail us at journal@c- span.org. here's a headline from "the new york time.s." " -- wall street journal" -- the hill has a recent story -- this is from last week. the house speaker prepare we would like to hear what you think. to give us some context, let us listen to what house minority leader -- senate minority leader mitch mcconnell said yesterday on nbc's "meet the press." >> we have to use leverage and congress to get the president to deal with our excessive spending. what the strategy should be is we should be doing something about
passage of the fiscal cliff build with donald williamson. then thomas schatz will look at what comes in the fiscal cliff legislation. >> "washington journal" is next . >> good morning and welcome to "washington journal." members of congress are back in their home districts. the house and senate are not in session. that does not mean the debate has stopped. we will like to hear from you. here are the numbers to call. you can also find us online. end us a tweet to...
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Nov 26, 2012
11/12
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built into law, the so-called fiscal cliff. the realization of all the automatic tax increases and spending cuts that make up the fiscal cliff absent offsetting changes would pose a substantial threat to recovery. indeed, by the reckoning of the congressional budget office, and that of many outside observers, a fiscal shock of that size would send the economy toppling back into recession. second, early in the new year it will be necessary to approved an increase in the federal debt limit. the threat of default in the summer of 2011 fueled economic uncertainty and badly damaged confidence even though an agreement was ultimately reached. a failure to reach a timely agreement this time around could impose even heavier economic and financial costs. as policy makers face these critical decisions, they should keep two decisions in mind. first, the federal budget is on an unsustainable path. the budget deficit, which peaked in 2009, is expected to narrow further in the coming years as the economy continues to recover. however, the cbo
built into law, the so-called fiscal cliff. the realization of all the automatic tax increases and spending cuts that make up the fiscal cliff absent offsetting changes would pose a substantial threat to recovery. indeed, by the reckoning of the congressional budget office, and that of many outside observers, a fiscal shock of that size would send the economy toppling back into recession. second, early in the new year it will be necessary to approved an increase in the federal debt limit. the...
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Dec 29, 2012
12/12
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fiscal cliff. there are interested in their own party. they have been against the president from the beginning, so they are not going to change anything. they do not want to help america. what people are they for? the people have spoken, but they do not ever listen to the people. what people are the working for? host: james in new york as a deadline for independents. caller: i just want to point out something. 400% to 1000% increase in salaries versus the workers for the so-called job creators, along the way, the people are not making these increases in salaries. they talk about cutting taxes on the wealthy. well, what about giving money -- a fair percentage of an increase to the people that are doing the work? i never hear anything about that. it just seems to me that the unfairness starts there. host: that is james and new york. the lead story in this morning's boston globe with the headline "modest hope." [video clip] >> i just had a good and constructive discussion with senate and house leaders
fiscal cliff. there are interested in their own party. they have been against the president from the beginning, so they are not going to change anything. they do not want to help america. what people are they for? the people have spoken, but they do not ever listen to the people. what people are the working for? host: james in new york as a deadline for independents. caller: i just want to point out something. 400% to 1000% increase in salaries versus the workers for the so-called job creators,...
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Dec 11, 2012
12/12
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the most important thing right now is selling the fiscal cliff. there is nothing more important today than doing that. i have met with the president to talk about that. i am involved in this issue. there are huge market consequences if we don't get that done. now i will move on. >> if it is done -- >> necessary but not sufficient. i have never been with bain capital. [laughter] i will give you some reflection. i just came back from a week in brazil. the u.s. would have just grown faster than brazil in the most recent quarter, 2.4%. i raise this because you go down there and talk to business people about why it is. we could have made little more taxes here and a little more regulation there and cost of labor there and a fair amount of uncertainty about what we'll do in the future. they have taken the steam out of it. this is a fragile and requires government to facilitate rather than layer cost and uncertainty on top of it. with that uncertainty and a very aggressive regulatory agenda which has caused uncertainty around health care costs. you add t
the most important thing right now is selling the fiscal cliff. there is nothing more important today than doing that. i have met with the president to talk about that. i am involved in this issue. there are huge market consequences if we don't get that done. now i will move on. >> if it is done -- >> necessary but not sufficient. i have never been with bain capital. [laughter] i will give you some reflection. i just came back from a week in brazil. the u.s. would have just grown...
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Nov 13, 2012
11/12
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the upcoming debate on the so-called fiscal cliff is will be covered on washington journal. several live events to tell you about this morning, the new america foundation will discuss how going over the so-called fiscal cliff will affect medicare and social security. that's at 9:00 a.m. eastern. at 0k a.m. a brookings institution panel looks at the link in al qaeda influence in yemen. in an effort to keep it from spreading to the peninsula. >> i enjoy watching "book tv" and the rebroadcast of various television news programs and c-span provides news coverage without the sound bites and editing you see in other programs and let's me make up my own mind about what's going on. c-span is a great way of getting an unfiltered view of the day's events. >> derek hills watches c-span. created by america's cable companies brought to you as a public service from your cable television providesers. >> music actist bono was at new york to talk about social enterprises. he's co-founder of the campaign that takes a portion of sales from certain consumer goods and donates the noun fight dise
the upcoming debate on the so-called fiscal cliff is will be covered on washington journal. several live events to tell you about this morning, the new america foundation will discuss how going over the so-called fiscal cliff will affect medicare and social security. that's at 9:00 a.m. eastern. at 0k a.m. a brookings institution panel looks at the link in al qaeda influence in yemen. in an effort to keep it from spreading to the peninsula. >> i enjoy watching "book tv" and the...
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Dec 20, 2012
12/12
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we want to avoid the fiscal cliff from happening. again, i think that the decision is for the white house and the senate democrats to come join us so we can avoid the tax hike on american people and avoid the fiscal cliff. >> [inaudible] how hard is it going to be to get the support for a broader bill? >> well, again, deidre, it's up to the senate and the white house. i think we want to see a balanced approach to address in a real way the issues that are facing this country. but to date this president has not come forward with that balanced approach, and we remain ready. i know the speaker has indicated to the president and the white house almost daily that he would like to see a broader, more balanced approach coming from the white house. in lieu of that, we're proceeding with plan b which is the permanent tax relief bill, coupled with the spending reduction act. thank you. >> just a program update -- democratic leader pelosi will have a briefing of her own this afternoon. 3:45 eastern. we will have that for you for sure online at c
we want to avoid the fiscal cliff from happening. again, i think that the decision is for the white house and the senate democrats to come join us so we can avoid the tax hike on american people and avoid the fiscal cliff. >> [inaudible] how hard is it going to be to get the support for a broader bill? >> well, again, deidre, it's up to the senate and the white house. i think we want to see a balanced approach to address in a real way the issues that are facing this country. but to...
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Nov 13, 2012
11/12
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i say, let the fiscal cliff happen. let the american people experience what the chinese experience when mao had 60 million of them starve to death. host: can i get your thoughts, as a republican, of the front page of "the financial times." "republicans shift stance over taxing the wealthy." host: what do you think? caller: i believe that jesus said it best, let cesar be thatr, and what is god's, is god's. when they put the income-tax system in, they should have put it in the constitution that there is a ceiling to it. just like a minimum wage, there should be a maximum wage. i do not think that any politician should be getting more than $1,000 per week, because let's face it, i do not see anyone in the private sector earning more than that unless they are a high paid guest:. -- high paid ceo. they say they get these degrees, go to school? fine. $1,000 per week. host: "the baltimore sun" has a story, "boehner ways next moves." this is from "the wall street journal." "post office hint of gop path." host: "she fit a profil
i say, let the fiscal cliff happen. let the american people experience what the chinese experience when mao had 60 million of them starve to death. host: can i get your thoughts, as a republican, of the front page of "the financial times." "republicans shift stance over taxing the wealthy." host: what do you think? caller: i believe that jesus said it best, let cesar be thatr, and what is god's, is god's. when they put the income-tax system in, they should have put it in the...
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Dec 15, 2012
12/12
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will talk about how states are bracing for the fiscal cliff. before we get deep into this discussion, refresh for us what is sequestration, wind doesn't kick in and why does it matter? guest: all of the petition has been on congress and to avoid going over the fiscal cliff. if they are not able to reach a bipartisan accord, people will see spending cuts and tax increases after the first of the year. a lot of those impacting the defense industry. there is a january 2 and january 3 hit in date. they are quite concerned as to how it will impact their bottom line. host: there is no way to separate the general sequestration from how it would affect the defense industry. if this happens, it is a 10% cut across the top. guest: these are across the board cuts. defense is a big chunk of this. this will affect things like headstart, social services. this is not just a defense issue. the defense industry and defense lobbyists have been the largest voices making an outcry about sequestration when you hear from capitol hill. host: an article written by one
will talk about how states are bracing for the fiscal cliff. before we get deep into this discussion, refresh for us what is sequestration, wind doesn't kick in and why does it matter? guest: all of the petition has been on congress and to avoid going over the fiscal cliff. if they are not able to reach a bipartisan accord, people will see spending cuts and tax increases after the first of the year. a lot of those impacting the defense industry. there is a january 2 and january 3 hit in date....
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Nov 29, 2012
11/12
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push grover off the cliff"? >> again, we were on the fiscal cliff then. and attack me personally. >> there has been -- not so much a math argument but an argument that there has been a change in the way these issues are regarded, even by a lot of top republicans. >> they are the same six people they brought out two years ago. saying the same thing. and again, and they didn't raise taxes before. they just thought about it. which is why you got into the impure thought. i don't want to be too rough on him. he talked about may be someday doing the tax increases. again, we have 92-plus guys in the house and senate who have taken the commitment. we have governors and state legislators who have taken the pledge. the reason why it's easier for me, i mean, you could have said, you could have written a story in 1990 when bush broke the pledge, first president to ever sign the pledge, reagan helped me design it but he was not running for re-election. >> you think you have job security. >> the tax issue is there and is an important part of the modern republican party
push grover off the cliff"? >> again, we were on the fiscal cliff then. and attack me personally. >> there has been -- not so much a math argument but an argument that there has been a change in the way these issues are regarded, even by a lot of top republicans. >> they are the same six people they brought out two years ago. saying the same thing. and again, and they didn't raise taxes before. they just thought about it. which is why you got into the impure thought. i...
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Nov 15, 2012
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today's fiscal cliff? no, actually that's the republicans in opposing the clinton era tax increases, 1993. opposed by every republican. did their predicted doom and gloom come true? well, kind of not. actually we balanced the budget, we paid down debt, and we had 3.% unemployment. while the millionaires and billionaires were paying a slightly higher rate of taxes. fast forward to today's debate. restore the clinton era tax rates to millionaires and billionaires, republicans have dusted off the 1990's rhetoric. economic collapse, devastation, at least 700,000 jobs. the job creator, millionaires and billionaires, they are living on the enl. they have no discretionary income. any modest increase in taxes to them will stop them from making productive job creating investments. like the hundreds of millions of dollars they spent on super p.a.c.s in the last election to try and elect a president and congress that will bend to their will and lower their taxes even further while cutting middle income families' prog
today's fiscal cliff? no, actually that's the republicans in opposing the clinton era tax increases, 1993. opposed by every republican. did their predicted doom and gloom come true? well, kind of not. actually we balanced the budget, we paid down debt, and we had 3.% unemployment. while the millionaires and billionaires were paying a slightly higher rate of taxes. fast forward to today's debate. restore the clinton era tax rates to millionaires and billionaires, republicans have dusted off the...
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Oct 28, 2012
10/12
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cliff that is looming tend of december? can you talk a little bit about what you think should happen? we have tax cuts that are about to expire, many of them, you know, and we also have, like you were just talking about, the trillion dollar sequestration cuts that will be across the board in both domestic and military spending, hall of these things are happening by the end of the year. what do you think congress should do, do you feel like they should leave everything out of this so we can start reducing our deficit, or do you have any ideas that congress should put in place that you will put forward when you guys go back in next week, two weeks from now? >> yeah. i think the best way to talk about the tax rates are, they're what we've had for 10 years, and businesses have made their plans predicated on these tax rates. i don't think we should increase the tax rates on anybody. to me, i don't really care whether you're rich or you're middle class or poor, we shouldn't divide up people. we should distribution centers stride
cliff that is looming tend of december? can you talk a little bit about what you think should happen? we have tax cuts that are about to expire, many of them, you know, and we also have, like you were just talking about, the trillion dollar sequestration cuts that will be across the board in both domestic and military spending, hall of these things are happening by the end of the year. what do you think congress should do, do you feel like they should leave everything out of this so we can...
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Dec 28, 2012
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cliff that deals with this fiscal cliff. how irresponsible is that? what that means to americans and people all across the country is that instead of starting this year by people showing the courage to solve this problem, we will move this into next year, and what that means is the first quarter, the first six months of this next year, will be met with hand-to- hand combat as we deal with issues everyone knows has to be dealt with. what that really means to our citizens and citizens around the world is our economy is not going to be what it could have been. the quality of life for americans is not on to be what it should have been because we have not acted in a way that is proper, we are not carrying out the duties that we were hired to carry out. >> i am not even sure there is a question, but your proposal is over a 10-year period. yet a trillion-dollar increase in the debt ceiling will not even last a year. at best. >> right. >> do you know whatever you propose cuts to medicare that everybody gets out of this -- [indiscern
cliff that deals with this fiscal cliff. how irresponsible is that? what that means to americans and people all across the country is that instead of starting this year by people showing the courage to solve this problem, we will move this into next year, and what that means is the first quarter, the first six months of this next year, will be met with hand-to- hand combat as we deal with issues everyone knows has to be dealt with. what that really means to our citizens and citizens around the...
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Dec 29, 2012
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right now, the country's attention and that of the media is on the fiscal cliff, and i understand that. economy of the nation and the world may be at stake here. i think that sooner or later, there will be some kind of an agreement. will we are talking about here is a fundamental change in the ruling, the possibility of a fundamental change in the way the senate does business peeping basically changing the rules of the senate from either 60 votes, sometimes 67, to 51 votes, which would make as no different than -- make us no different than the house of representatives, and of course would reduce us in many respects not to irrelevance in the minority party. here is the problem. on one side, the majority leader and the democrats are frustrated by their inability to move forward with legislation. every time there is an opposition to a motion to proceed, which takes days and then they proceed, and that has made the united states congress -- one of the reasons why the united states congress is judged the least productive congress since the year 1947. so, understandably the majority is frust
right now, the country's attention and that of the media is on the fiscal cliff, and i understand that. economy of the nation and the world may be at stake here. i think that sooner or later, there will be some kind of an agreement. will we are talking about here is a fundamental change in the ruling, the possibility of a fundamental change in the way the senate does business peeping basically changing the rules of the senate from either 60 votes, sometimes 67, to 51 votes, which would make as...
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Jan 1, 2013
01/13
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caller: yes, i am glad to something being done about the fiscal cliff. the american people need to understand that the republicans put us in this situation, because when bill clinton left office, he left with a surplus. the republicans spent all the money. we went into recession. then president obama came on scene, and he brought us out of the recession, and it takes money to get out of recession. now they are trying to blame him for all of the spending. mitch mcconnell, he is a disgrace to the senate floor. he said he one of the president to be a one-term president. the people voted obama back in. host: the minority leader, mitch mcconnell, has been negotiating with the vice president joe biden to come to some sort of agreement. what you make of that? caller: i'm talking about what mitch mcconnell said in the beginning. he did not want to work with this president. the want it to see him fail. they're hurting the american people by not helping obama. obama is good for the country, but people that listen to rush limbaugh, sarah palin, and fox news, that i
caller: yes, i am glad to something being done about the fiscal cliff. the american people need to understand that the republicans put us in this situation, because when bill clinton left office, he left with a surplus. the republicans spent all the money. we went into recession. then president obama came on scene, and he brought us out of the recession, and it takes money to get out of recession. now they are trying to blame him for all of the spending. mitch mcconnell, he is a disgrace to the...
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Sep 16, 2012
09/12
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the real fiscal cliff is, we are already bankrupt. the real fiscal cliff is that nobody is thinking -- nobody is offering from the white house a solution to medicare. our biggest problem in front of our country is this demographic shift of which i am part, and the fact that the average couple puts $110,000 into medicare antics $350,000 out. you solve that problem tomorrow, and we do not need the federal reserve keeping interest rates artificially low. it will be low because we will be dynamically and fiscally healthy. there is the real fiscal cliff. what we have done is we have taken the focus and say, here is the short-term again. the real problems are all long term. their manifestations come in the short term. they will be much greater two years from now if we do not fix it. if we do not send the signal that we are going to take care of the long-term problems, we can fix the fiscal cliff. it will not matter one year from now. the bond vigilante's will have already driven down the price of our bonds and our interest rates will be 6%.
the real fiscal cliff is, we are already bankrupt. the real fiscal cliff is that nobody is thinking -- nobody is offering from the white house a solution to medicare. our biggest problem in front of our country is this demographic shift of which i am part, and the fact that the average couple puts $110,000 into medicare antics $350,000 out. you solve that problem tomorrow, and we do not need the federal reserve keeping interest rates artificially low. it will be low because we will be...
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Dec 21, 2012
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. >> friday, a look at the latest from capitol hill regarding the fiscal cliff. last night's decision to withdraw his plan b bill. we will hear from rik larson and the new democrat oalistion chairman. live 7:00 eastern on c-span. >> our first experience was to come in different ways than every other family up here. it probably never will happen again. after dad was sworn in we came and took a picture of the family behind the oval office desk. the that we did not get to move into the white house because richard nixon have left so quickly they left -- we had to go back to our little house, the neighborhood was surrounded by sigrid's service. we had been living there. i will never forget, that the mom is cooking dinner. we are sitting around the dinner table and mom is cooking dinner. she looks over at my dad and says, something is wrong it here. you just became president of the united states and i am still cooking. >> part of four days of american history tv read through christmas day on c-span 3. >> john boehner and house republicans pulled the fiscal cliff bill b
. >> friday, a look at the latest from capitol hill regarding the fiscal cliff. last night's decision to withdraw his plan b bill. we will hear from rik larson and the new democrat oalistion chairman. live 7:00 eastern on c-span. >> our first experience was to come in different ways than every other family up here. it probably never will happen again. after dad was sworn in we came and took a picture of the family behind the oval office desk. the that we did not get to move into the...
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Dec 28, 2012
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cliff that deals with this fiscal cliff. how irresponsible is that? what that means to americans and people all across the country is that instead of starting this year by people showing the courage to solve this problem, we will move this into next year, and what that means is the first quarter, the first six months of this next year will be met with hand-to-hand combat as we deal with issues everyone knows has to be dealt with. what that really means to our citizens and citizens are run the world is our economy is not going to be what it could have been. the quality of life for americans is not on to be what it should have been because we have not acted in a way that is proper, we are not carrying out the duties that we were hired to carry out. >> i am not even sure there is a question, but your proposal is over a 10-year period. yet a trillion-dollar increase in the debt ceiling will not even last year. do you know what ever you propose cuts to medicare that everybody gets out of this -- [indiscernbile] the spending probl
cliff that deals with this fiscal cliff. how irresponsible is that? what that means to americans and people all across the country is that instead of starting this year by people showing the courage to solve this problem, we will move this into next year, and what that means is the first quarter, the first six months of this next year will be met with hand-to-hand combat as we deal with issues everyone knows has to be dealt with. what that really means to our citizens and citizens are run the...
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Dec 26, 2012
12/12
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right now with the fiscal cliff, i am currently unemployed and i am concerned about the fiscal cliff. i am on a federal extension. i do not know if i'm going to get a paycheck to be able to pay my mortgage in january. two million people are set to lose their federal extensions in january and unemployment rate has come down due to attrition. people are not being counted. once you stop drawing benefits, you are counted as being unemployed. if you force two million people at once into the job market with the fraudulent unemployment numbers, how are these people going to get back to work? i was laid off in 2009 and i've had three different jobs. the type of employment being offered is often part-time work and it is a series of stringing together reemployment. you never really get back to work. it takes longer than six months to get back to work. you're going to be laid off again within six to eight months. maybe they did not extend it again after 2013 or after 2012. you get back to work after being employed temporarily. they continually whittled down the beaks. it is pretty tough. had thr
right now with the fiscal cliff, i am currently unemployed and i am concerned about the fiscal cliff. i am on a federal extension. i do not know if i'm going to get a paycheck to be able to pay my mortgage in january. two million people are set to lose their federal extensions in january and unemployment rate has come down due to attrition. people are not being counted. once you stop drawing benefits, you are counted as being unemployed. if you force two million people at once into the job...
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Nov 21, 2012
11/12
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he spoke tuesday evening at the center for new american security about the so-called fiscal cliff and defense priorities. [applause] good evening and thank you for coming. >> it is an honor to be introducing my old boss. >> defense secretary leon panetta looks at how budget cuts could affect the pentagon. we spoke tuesday evening at the center for new american security about the fiscal cliff and fed priorities. >> thank you for coming. it is an honor to be back and an honor to be introducing my old boss. as you know, secretary of the net debt is one of the most respected and experienced hands in washington. his resume is legendary. chairman of the budget committee back in the day when they actually passed a budget, director of the office of management and budget, and chief of staff to president clinton when the white house, director of the central intelligence agency, and now secretary of defense, so the question is what in the world are you going to do next. this extraordinary resume does not do justice to the man. leon panetta is a wonderful human being and in some ways a man of con
he spoke tuesday evening at the center for new american security about the so-called fiscal cliff and defense priorities. [applause] good evening and thank you for coming. >> it is an honor to be introducing my old boss. >> defense secretary leon panetta looks at how budget cuts could affect the pentagon. we spoke tuesday evening at the center for new american security about the fiscal cliff and fed priorities. >> thank you for coming. it is an honor to be back and an honor to...
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Nov 28, 2012
11/12
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push grover off the cliff"? >> again, we were on the fiscal cliff then. and attack me personally. >> there has been -- not so much a math argument but an argument that there has been a change in the way these issues are regarded, even by a lot of top republicans. . >> they are the same six people they brought out two years ago. saying the same thing. and again, and they didn't raise taxes before. they just thought about it. which is why you got into the impure thought. i don't want to be too rough on chand less. he talked about may be someday doing the tax increases. again, we have 92-plus guys in the house and senate who have taken the commitment. we have governors and state legislators who have taken the pledge. the reason why it's easier for me, i mean, you could have said, you could have written a story in 1990 when bush broke the pledge, first president to ever sign the pledge, reagan helped me design it but he was not running for re-election. >> you think you have job security. >> the tax issue is there and is an important part of the modern republi
push grover off the cliff"? >> again, we were on the fiscal cliff then. and attack me personally. >> there has been -- not so much a math argument but an argument that there has been a change in the way these issues are regarded, even by a lot of top republicans. . >> they are the same six people they brought out two years ago. saying the same thing. and again, and they didn't raise taxes before. they just thought about it. which is why you got into the impure thought. i...
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Nov 13, 2012
11/12
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i say, let the fiscal cliff happen. let the american people experience what the chinese experience when mao had 60 million of them starve to death. host: can i get your thoughts, as a republican, of the front page of "the financial times." "republicans shift stance over taxing the wealthy." host: what do you think? caller: i believe that jesus said it best, let cesar be thatr, and what is god's, is god's. when they put the income-tax system in, they should have put it in the constitution that there is a ceiling to it. just like a minimum wage, there should be a maximum wage. i do not think that any politician should be getting more than $1,000 per week, because let's face it, i do not see anyone in the private sector earning more than that unless they are a high paid guest:. -- high paid ceo. they say they get these degrees, go to school? fine. $1,000 per week. host: "the baltimore sun" has a story, "boehner ways next moves." this is from "the wall street journal." "post office hint of gop path." host: "she fit a profil
i say, let the fiscal cliff happen. let the american people experience what the chinese experience when mao had 60 million of them starve to death. host: can i get your thoughts, as a republican, of the front page of "the financial times." "republicans shift stance over taxing the wealthy." host: what do you think? caller: i believe that jesus said it best, let cesar be thatr, and what is god's, is god's. when they put the income-tax system in, they should have put it in the...
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Dec 21, 2012
12/12
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of the fiscal cliff. it is clear that our conference has been consistent in its commitment to doing something about the spending problem in washington and the mounting debt that has resulted. we stand ready to continue in dialogue with this president to actually fix the problem. i hope that we see our colleagues on the other side of the capitol can do like wise and get serious to try to address the situation of spending so we can get going on growing this economy and get people back to work. >> mr. speaker, a lot of the arguments you made last night was the multitrillion dollars tax cuts and to save taxpayers from a tax increase. are you willing to -- [inaudible] >> the president and i had a serious of conversations. i told the president on monday these were my bottom lines. the president told me his numbers $1.3 trillion in new revenues, $850 billion in spending cuts were his bottom line that he couldn't go any further. we see a situation where because of the political divided in the country, because of
of the fiscal cliff. it is clear that our conference has been consistent in its commitment to doing something about the spending problem in washington and the mounting debt that has resulted. we stand ready to continue in dialogue with this president to actually fix the problem. i hope that we see our colleagues on the other side of the capitol can do like wise and get serious to try to address the situation of spending so we can get going on growing this economy and get people back to work....
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Nov 12, 2012
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and i'm proposing we avert the fiscal cliff together in a manner that ensures that 2013 is finally the year our government comes to grips with the problems that are facing us. >> i'm open to compromise. i'm open to new ideas. i'm committed to solving our fiscal challenges. but i refuse to accept any approach that isn't balanced. i'm not going to ask students and seniors and middle class families to pay down the entire deficit while people like me making over $250,000 aren't asked to pay a dime more in taxes. >> the newly elected congress starts work in january but the current congress still has work to do through the end of the year in what's typically referred to as a lame duck session. work is expected on the impending fiscal cliff, including the bush tax cuts, the deficit, and raising the debt ceiling and by how much and planned cuts to military spending also known as sequestration. follow the house debates with live coverage on c-span and the senate on c-span 2. >> deputy british prime minister and liberal democrat leader nick clegg answered questions wednesday during prime ministe
and i'm proposing we avert the fiscal cliff together in a manner that ensures that 2013 is finally the year our government comes to grips with the problems that are facing us. >> i'm open to compromise. i'm open to new ideas. i'm committed to solving our fiscal challenges. but i refuse to accept any approach that isn't balanced. i'm not going to ask students and seniors and middle class families to pay down the entire deficit while people like me making over $250,000 aren't asked to pay a...
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Jul 17, 2012
07/12
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i know you talked about the fiscal cliff. the spending reduction is $1.20 trillion over the next seven years. we spent about 45-$47 trillion of taxpayer money over the next 10-years. while i agree that we should come up with a better solution that deals with the entitlements and revenues, are you seriously considering that we're considering a billion dollars in reductions, are you concerned that small amount of spending reduction is something that is going to damage the economy? >> the fiscal cliff -- >> i am talking about spending. >> a smaller fiscal contraction will have a smaller effect. i do not want to make a judgment. a smaller reduction in fiscal -- in the fiscal position would have less effect than a larger one. >> as a look at the economy, which cannot also say that the best thing we can do is for us to have real balanced fiscal reform. is that not the thing that would cost our economy to take off more than anything else and alleviate the uncertainty people have? >> this reform is very important not only to control
i know you talked about the fiscal cliff. the spending reduction is $1.20 trillion over the next seven years. we spent about 45-$47 trillion of taxpayer money over the next 10-years. while i agree that we should come up with a better solution that deals with the entitlements and revenues, are you seriously considering that we're considering a billion dollars in reductions, are you concerned that small amount of spending reduction is something that is going to damage the economy? >> the...
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Jan 3, 2013
01/13
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they reached a deal on the fiscal cliff but they set up more fiscal cliffs as congressman jim moran said recently, a democrat from virginia. the sequestration battle in a few months and then there's the debt ceiling. will the president and republicans in congress agree to raise the debt ceiling and exchanged for some spending cuts. we saw that in 2011. the obama administration says the not playing that game anymore and they have a plan to raise the debt ceiling and go- around congress. sounds like they're not revealing the details, but that will be the big fight. a debt ceiling fight in a couple months. guest: we are live from the rotunda on capitol hill. opening day of the 113 congress. we want to get your questions and comments about the agenda of the new members face. let's begin with michael in new york, an independent caller. go ahead. caller: good morning. you have a great show. i am a professor in an m.b.a. program. i have 38 students from 400 countries. i teach accounting as well. i see very few accountants in the house of representatives. an observation, you are concentrating on
they reached a deal on the fiscal cliff but they set up more fiscal cliffs as congressman jim moran said recently, a democrat from virginia. the sequestration battle in a few months and then there's the debt ceiling. will the president and republicans in congress agree to raise the debt ceiling and exchanged for some spending cuts. we saw that in 2011. the obama administration says the not playing that game anymore and they have a plan to raise the debt ceiling and go- around congress. sounds...
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Nov 27, 2012
11/12
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of fiscal cliff postings on twitter. this one from scott who tweets that why are the president and congress ignoring the simpson-bowles plan? didn't they already figure out how to avoid the fiscal cliff? that's at c-span.org/fiscalcliff. also tweeting this afternoon, john tweeting that senator durbin is acting as democratic leader. idea that social security, medicare, aren't part of these talks is not sustainable politically or otherwise. also on capitol hill today, u.n. ambassador susan rice and acting c.i.a. director michael morell, met with members of congress to talk about the benghazi attacks. the attack on the ben ghazi consulate. following that meeting, senator lindsey graham, and ranking member john mccain spoke to reporters. u.n. ambassador rice is expected to meet with more individual lawmakers later this book. their briefing with reporters is about 10 minutes. >> we have had a very candid discussion about dr. rice and deputy director of the c.i.a. where significantly troubled by many of the answers we got and
of fiscal cliff postings on twitter. this one from scott who tweets that why are the president and congress ignoring the simpson-bowles plan? didn't they already figure out how to avoid the fiscal cliff? that's at c-span.org/fiscalcliff. also tweeting this afternoon, john tweeting that senator durbin is acting as democratic leader. idea that social security, medicare, aren't part of these talks is not sustainable politically or otherwise. also on capitol hill today, u.n. ambassador susan rice...
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Nov 8, 2012
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guest: i think that the second to the fiscal cliff. if all of the bush era tax cuts expire without any renewal, and all of the sequestration, across-the-board spending cuts take place, some economists estimate two, three, four points off of gdp, plunging the country into another recession. the best job plan for the president is making sure those things do not happen, and then after that we will see what he proposes again, whether it is a mix of tax cuts for small businesses and stimulus, but that is the primary focus. host: what about the immigration reform, margaret talev? when does that come up? guest: in some ways it already has. you saw the latino turnout, 70%, which set up latino activists saying basically to obama that you owe us. even states like texas and their future, there is discussion about that, but how have -- how fast will that happen with the fiscal cliff and divisions among the republican base and among the democratic party, moderates against liberals, it is complicated to figure out how big you can go with immigration
guest: i think that the second to the fiscal cliff. if all of the bush era tax cuts expire without any renewal, and all of the sequestration, across-the-board spending cuts take place, some economists estimate two, three, four points off of gdp, plunging the country into another recession. the best job plan for the president is making sure those things do not happen, and then after that we will see what he proposes again, whether it is a mix of tax cuts for small businesses and stimulus, but...
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Dec 20, 2012
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we don't just have a fiscal cliff. we have a fiscal abyss in front of us and that is the debt crisis that is on our horizon. failure to address this debt crisis means not just 47% of americans, but every american gets hurt. every american gets a lower standard of living. every american, especially the next generation, received a lower standard of living if we don't fix this mess. so what is this we're doing here today? we are saying we don't think the crude across the board sequester is good policy, we think it will harm our national security, the first and primary responsibility of the federal government, and we want to replace next year's cuts with even more spending cuts that we think are smart spending cuts. the gentleman is talking about people losing food stamps and free reduced lunches. let me say it really clearly. every single person who qualifies for food stamps will get food stamps. every single child who qualifies for free and reduced lunch will get their free and reduced lunch. what we're saying is, you ac
we don't just have a fiscal cliff. we have a fiscal abyss in front of us and that is the debt crisis that is on our horizon. failure to address this debt crisis means not just 47% of americans, but every american gets hurt. every american gets a lower standard of living. every american, especially the next generation, received a lower standard of living if we don't fix this mess. so what is this we're doing here today? we are saying we don't think the crude across the board sequester is good...
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Dec 27, 2012
12/12
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working hard on the fiscal cliff. i must tell them we're not working. we're not here. we're not addressing the challenges that i have just mentioned. mr. speaker, i would hope that the speaker of the house will call us back immediately to address these challenges. we have four days left to go. before the end of this year, before all of those items that i spoke about expire. the sequester happens the second day of january. we ought to be here working, mr. speaker. we're not. this is a pro forma session. as i said in the beginning, a pro forma session is a session that is without substance and without solutions. i would urge the speaker of this house to call us back in session to do what america expects us to do, address the challenges, find solutions, come to agreement, make compromises. make democracy and america work and give confidence to our people and to our economy. i hope, mr. speaker, that the speaker will do that and will do it today. and i yield back the balance of my time. the speaker pro tempore: the gentle
working hard on the fiscal cliff. i must tell them we're not working. we're not here. we're not addressing the challenges that i have just mentioned. mr. speaker, i would hope that the speaker of the house will call us back immediately to address these challenges. we have four days left to go. before the end of this year, before all of those items that i spoke about expire. the sequester happens the second day of january. we ought to be here working, mr. speaker. we're not. this is a pro forma...
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Dec 4, 2012
12/12
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that's the first part of the fiscal cliff. the second part of it is the spending decrease that this congress and the president agreed to the last summer to say we dramatically increase spending, we have to reduce that spending. that spending decrease that was agreed to had a deadline by the end of this year. if there didn't there would be across the board cuts. the house passed our spending decreases in may. the senate has yet to pass any. with that we're stuck with across-the-board cuts that will be in early january. and the tax rate for all americans. in 2001 and 2003 and then extended during the lame duck of 2010, every americans' tax rates were extended out to expire the 31st of december. every tax rate from the lowest to the highest is set to go up. some people see the problem is we're not taxing enough and so that solves the problem. to just go off the fiscal cliff and everyone will be taxed more. some say we don't take from some group and give to the other. some say go to the clinton tax rate. we had a booming economy a
that's the first part of the fiscal cliff. the second part of it is the spending decrease that this congress and the president agreed to the last summer to say we dramatically increase spending, we have to reduce that spending. that spending decrease that was agreed to had a deadline by the end of this year. if there didn't there would be across the board cuts. the house passed our spending decreases in may. the senate has yet to pass any. with that we're stuck with across-the-board cuts that...
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Dec 28, 2012
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cliff," "i hope you are getting the situation that we are not going over the fiscal cliff." sadly, i have to tell them that we are not there, we are not here, we are not working. every democrat, every republican ought to be here. the speaker ought to call us back into session. it is not as if we do not have a lot of work to do. in fact, we have a lot of work to do. secretary geithner sent a letter to me and others yesterday, and it was reported in the paper today that america will reach its debt limit on december 31. that needs to be dealt with so that we can maintain the creditworthiness of this nation, so we can give confidence to this economy. in addition to that, there is much other business to do. over the past weeks, majority leader cantor said the house would do the work necessary to finish the items we needed to get done by the end of the year. i talked to mr. cantor today and urged him to have us come back. they are having a discussion about that, i think, at 2:30, shortly, the republican conference on a call. i hope they conclude as we have concluded -- and i speak
cliff," "i hope you are getting the situation that we are not going over the fiscal cliff." sadly, i have to tell them that we are not there, we are not here, we are not working. every democrat, every republican ought to be here. the speaker ought to call us back into session. it is not as if we do not have a lot of work to do. in fact, we have a lot of work to do. secretary geithner sent a letter to me and others yesterday, and it was reported in the paper today that america...
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Dec 31, 2012
12/12
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parliament's year end review and negotiations following the fiscal cliff. >> tomorrow >> tomorrow and "washington journal" the fix the debt campaign, a ball by the teacher of special operations with linda robinson with the council on correlation -- foreign relations. >> next, bbc parliament's westminster review takes a look back at all the major reviews. the debates with the prime minister on the british economy and the european union budget. the british parliament is in recess for the holidays. members return on january 7th. >> hello there. and welcome to the west minister review. our look back at the big events in parliament over the last three months. coming up in this program, the chancellor delivers the latest bleak economic view? his budget. david cameron's bench urges him to stand up to europe. >> i support absolutely. >> the ugly specter of child abuse hits the deadlines with some dramatic consequences. lord justin levisohn delivers his plan on press standards. >> we should be wary of any legislation that has the potential to infringe free speech and a free press. >> the queen
parliament's year end review and negotiations following the fiscal cliff. >> tomorrow >> tomorrow and "washington journal" the fix the debt campaign, a ball by the teacher of special operations with linda robinson with the council on correlation -- foreign relations. >> next, bbc parliament's westminster review takes a look back at all the major reviews. the debates with the prime minister on the british economy and the european union budget. the british parliament...